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Jan 29, 2014
01/14
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it's good for the economy. it's good for america. to every mayor, governor, state legislator in america, i say you don't have to wait for congress to act. americans will support you if you take this on and as a chief executive i intend to lead by example, profitable corporations like costco see higher wages as the smart way to boost productivity and reduce turnover. we should, too. in the coming weeks i will issue an executive order requiring federal contractors to pay their federally funded employees a fair wage of at least $10.10 an hour, because if you cook our troops' meals or wash their dishes, you should not have to live in poverty. of course, to reach millions more, congress does need to get on board. today the federal minimum wage is worth about 20% less than it was when ronald reagan first stood here. tom harken and george miller have a bill to fix that lifting the minimum wage to $10.10. it's easy to remember, 10.10. this will help families. it will give businesses customers with more money to spend. it does not involve any
it's good for the economy. it's good for america. to every mayor, governor, state legislator in america, i say you don't have to wait for congress to act. americans will support you if you take this on and as a chief executive i intend to lead by example, profitable corporations like costco see higher wages as the smart way to boost productivity and reduce turnover. we should, too. in the coming weeks i will issue an executive order requiring federal contractors to pay their federally funded...
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Dec 5, 2012
12/12
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economy behind the times. plus, a preview of what stocks investors are looking to own after ringing in the new year. the sudden flow of one hundred dollar bills is indicating a rise in fishy activity. and, bring on the breakout. are the markets poised for a swing to the upside? first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday, december 5th. i'm angela miles. in today's first look: standstill. that's what's happening with the budget talks in washington, and it's reflected on wall street. stocks barely budged yesterday. gold, however, was a major mover. what that tells traders is coming up in the show. pandora hit a sour note with investors last night. shares plunged after the company revealed a loss of advertising money as lawmakers fail to find harmony over averting the fiscal cliff. the brand new dreamliner is under review after making an emergency landing in new orleans due to a mechanical glitch. larry shover of s
economy behind the times. plus, a preview of what stocks investors are looking to own after ringing in the new year. the sudden flow of one hundred dollar bills is indicating a rise in fishy activity. and, bring on the breakout. are the markets poised for a swing to the upside? first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday, december 5th. i'm angela miles. in today's first look: standstill. that's...
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May 8, 2020
05/20
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. >> we all worry about the economy, the local economy. i've always tried to support the local businesses. and so i'm super happy. >> sonoma and celano counties have entered into the second phase by relaxing restrictions on businesses from toys to's boarding good's. they can operate curbside service but they must have face coverings and practice social distancing. nampa florist has change held they operate. >> everybody understands and everybody understands why we can't have anybody in the store. they are mindful about what's going on. >> six other bay area counties have chosen not to ease restrictions you. the department of health services say this is possible because of "the significant interruption of community transmission due to compliance with the local public health order in sonoma county. shelter in place it's worked to save lives.". simple break adjustments were happening on the sidewalk. >> brakes did not work very well so it's exciting to know we could come straight here and they would fix them. >> the other challenge is to main
. >> we all worry about the economy, the local economy. i've always tried to support the local businesses. and so i'm super happy. >> sonoma and celano counties have entered into the second phase by relaxing restrictions on businesses from toys to's boarding good's. they can operate curbside service but they must have face coverings and practice social distancing. nampa florist has change held they operate. >> everybody understands and everybody understands why we can't have...
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Jan 21, 2015
01/15
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will we accept an economy where only a few of us do spectacularly well? or will we commit ourselves to an economy that generates rising incomes and chances for everyone who makes the effort? [ applause ] will we approach the world fearful and reactive, dragged into costly conflicts that strain our military and set back our standing? or will we lead wisely, using all elements of our power to defeat new threats and protect our planet? will we allow ourselves to be sorted into factions and turned against one another, or will we recapture the sense of common purpose that has always propelled america forward? in two weeks, i will send this congress a budget filled with ideas that are practical, not partisan, and in the months ahead, i'll crisscross the country making a case for those ideas. so tonight i want to focus less on a checklist of proposals and focus more on the values at stake in the choices before us. it begins with our economy. seven years ago, rebekah and ben erler of minneapolis were newlyweds. she waited tables. he worked construction. their fir
will we accept an economy where only a few of us do spectacularly well? or will we commit ourselves to an economy that generates rising incomes and chances for everyone who makes the effort? [ applause ] will we approach the world fearful and reactive, dragged into costly conflicts that strain our military and set back our standing? or will we lead wisely, using all elements of our power to defeat new threats and protect our planet? will we allow ourselves to be sorted into factions and turned...
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Dec 21, 2012
12/12
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in today's cover story, a preview of the economy in 2013. the amount of optimisim just may surprise you. plus, how sex appeal is killing the allure of certain retailers. what's on the menu for this stock market darling? and, its the end of the world as we know it. why some businesses feel fine. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, december 21st. i'm angela miles, and we survived the mayan calander prediction! in today's first look: standout stocks: research in motion had wild rides last night. rim shares bounced nearly 7% after reporting a profit that surprised analysts, then sold off on word of declining blackberry sales in the u.s. nike stock jumped 6% higher after exceeding earnings expectations and revealing orders were up 6% in the quarter. now on to the market, which also gained ground yesterday on optimism a budget deal will emerge out of washington. meanwhile, the sleepless in america are creating a boost in business. consumers sp
in today's cover story, a preview of the economy in 2013. the amount of optimisim just may surprise you. plus, how sex appeal is killing the allure of certain retailers. what's on the menu for this stock market darling? and, its the end of the world as we know it. why some businesses feel fine. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, december 21st. i'm angela miles, and we survived the mayan...
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May 5, 2020
05/20
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economy. distract france is about to ease restrictions. we talked to a former journalist who was living in paris. what is it like to live in one of the toughest lockdowns in the world. distract what we are learning about the nfl schedule said to be released soon. up next with the details. >>> it is warming up out there are five day degrees warmer. plenty of sunshine, we're heading that way, warmer each day. i will see you back next. my b'' life is full of make or break moments. that's why it's so important to help reduce your risk of fracture with prolia®. only prolia® is proven to help strengthen and protect bones from fracture with 1 shot every 6 months. do not take prolia® if you have low blood calcium, are pregnant, are allergic to it, or take xgeva. serious allergic reactions like low blood pressure, trouble breathing, throat tightness, face, lip or tongue swelling, rash, itching or hives have happened. tell your doctor about dental problems, as severe jaw bone problems may happen. or new or unusual pain in your hip, groin or thigh
economy. distract france is about to ease restrictions. we talked to a former journalist who was living in paris. what is it like to live in one of the toughest lockdowns in the world. distract what we are learning about the nfl schedule said to be released soon. up next with the details. >>> it is warming up out there are five day degrees warmer. plenty of sunshine, we're heading that way, warmer each day. i will see you back next. my b'' life is full of make or break moments. that's...
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Jun 3, 2012
06/12
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and this guy is not a worthy steward of the american economy. what it means for the obama campaign is to throw mud and say look at this guy's record and how he has been pushed to the far right and, of course, the primaries on immigration, women's rights, tax cuts. gay rights, immigration. just goes on. that is the idea. so what you get now is both seeds throwing mud and nobody comes out of this clean, chris. everybody gets dirtied up. i think the obama campaign is investing with the idea that romney's numbers in the last week especially in terms of favorability have improved. you don't want the fact that republican women are rallying now to romney to define romney as acceptable in the mind of independent voters. i think the obama campaign is doing the right thing in saying you got to know exactly his record as governor of massachusetts not a good record. one other quick note. you notice romney sneaking out to fremont, california, to go to solyndra because he is afraid that the obama people are going to boo him. and everyone from the romney budge
and this guy is not a worthy steward of the american economy. what it means for the obama campaign is to throw mud and say look at this guy's record and how he has been pushed to the far right and, of course, the primaries on immigration, women's rights, tax cuts. gay rights, immigration. just goes on. that is the idea. so what you get now is both seeds throwing mud and nobody comes out of this clean, chris. everybody gets dirtied up. i think the obama campaign is investing with the idea that...
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Jul 20, 2014
07/14
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he called the effect on the global economy is minimal. is that the right way to get the europeans off the dime? >> no. obama should first immediately stop talking to president putin. and john kerry should stop talking to his counterpart. in diplomacy silence is a meaningful message. the only thing russia can do now is change its behavior. all this talk, talk. second, unilateral sanctions that are as punishing as we can make them should be employed now as a signal of our resolve. yet we should ratchet up the pressure on the europeans. now i happen to believe that the u.s. should have imposed some unilateral sanctions when it might have made a difference way back when russia went into the crimea. however, now we must do something. he must do something because all of this rhetoric, grave concern, the equivalent he made in those statements they are not equivalent in terms of the damage they are causing. all of that signals a lack of resolve. >> senator, is president being reasonable, presidential or timid. >> you got to give him credit for co
he called the effect on the global economy is minimal. is that the right way to get the europeans off the dime? >> no. obama should first immediately stop talking to president putin. and john kerry should stop talking to his counterpart. in diplomacy silence is a meaningful message. the only thing russia can do now is change its behavior. all this talk, talk. second, unilateral sanctions that are as punishing as we can make them should be employed now as a signal of our resolve. yet we...
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Oct 5, 2010
10/10
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. >> reporter: san francisco giants president said the playoff games will also light up the city's economy as hometown fans and visitors splurge on food, merchandise and tickets. >> i don't know what the number is but tens of millions. >> it is hard to quantify how much a playoff series will pump into the local economy. >> reporter: numbers are hard to calculate but thursday and friday's games come as san francisco is already gearing up for fleet week visitors the hope is late bookings by baseball fans will boost hotel rates and tax benefits. >> when you have a full week like we are about to have hotels can charge more that is great for the local economy. >> reporter: getting into the sold out games is another matter, some season ticket holders are trying to hawk tickets for $1,200 online stub hub.com says most fans are paying $150 on average. >> this is the mosaic tvty among all eight teams. >> reporter: the city controllers office said businesses near at&t park are likely to get the biggest boost come thursday. the java house is just down the street from the stadium and expects twice the
. >> reporter: san francisco giants president said the playoff games will also light up the city's economy as hometown fans and visitors splurge on food, merchandise and tickets. >> i don't know what the number is but tens of millions. >> it is hard to quantify how much a playoff series will pump into the local economy. >> reporter: numbers are hard to calculate but thursday and friday's games come as san francisco is already gearing up for fleet week visitors the hope...
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Oct 17, 2012
10/12
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jobs and the economy both made it into the second presidential debate. last night in hempstead, new york, president obama and republican presidential contender mitt romney debated foreign and domestic policies, this time in a townhall format with un-decided voters. "we have not made the progress we need to make to people back to work. that's why i put out a 5-point plan that gets americans 12 million new jobs in 4 years and rising take home pay." "gov romney says he has a 5- point plan. gov romney has a 1 point plan and that plan is to make sure that folks at the top play by a different set of rules." "any investments i've made have been in a blind trust. and i understand they do include investmnents outside the united states and in chinese companies. mr. president have you looked at your pension? have you looked at your pension? mr. president have you looked at your pension? "you know i don't look at my pension, it's not as big as yours...it doesn't take as long...i don't check it that often." "look at your pension. you also have investments in chinese
jobs and the economy both made it into the second presidential debate. last night in hempstead, new york, president obama and republican presidential contender mitt romney debated foreign and domestic policies, this time in a townhall format with un-decided voters. "we have not made the progress we need to make to people back to work. that's why i put out a 5-point plan that gets americans 12 million new jobs in 4 years and rising take home pay." "gov romney says he has a 5-...
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Aug 24, 2015
08/15
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economy has been faring pretty well. unemploim is at 5-point -- unemployment is at 5.3%. and the government will release a new statement this thursday through june. back to you. >>> today the palo alto city council is scheduled to consider raising the city's minimum wage. palo alto does not have a city- wide minimum wage law now but businesses have to pay the mandated wage of $9 an hour. they will discuss paying $11 an hour starting in january. the city is trying to unite all cities in santa clara county to set a regional minimum wage of $15 an hour by the year 2018. >>> san jose police are searching for two suspects in a deadly shooting overnight. police were called to lavon avenue around midnight after neighbors reported hearing gunfire. officers arrived and found a man shot at least once lying on the ground near his suv. witnesses saw two men running away. >> i heard four shots, gunshots, and my son came knocking on my door and asked me if i heard the shots. i said yeah. dad, that's so close. i heard some lady saying oh, my god. oh, my god. >> the victim in the killing
economy has been faring pretty well. unemploim is at 5-point -- unemployment is at 5.3%. and the government will release a new statement this thursday through june. back to you. >>> today the palo alto city council is scheduled to consider raising the city's minimum wage. palo alto does not have a city- wide minimum wage law now but businesses have to pay the mandated wage of $9 an hour. they will discuss paying $11 an hour starting in january. the city is trying to unite all cities in...
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May 31, 2012
05/12
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she is all about the economy. she really talked about how her husband wants to bring this country back to where it should be, a leader in the world, how important it is for us to have jobs. >> she said that women's issues were employment. they were the same as men now. >> reporter: political analysts say the democratic party often has the advantage when it comes to female voters, but this year, the economy may trump social b5b8vs. there is this historic gender gap advantage that the democrats have, but wrim traditionally pot book voters. they dare about the able to walk into the grocery store and buy what their families need. >> reporter: here's some earl video taken by chopper 2 of the chateau. pete wilson and george schulz are also expected to attend. democrats will give their said of the mitt romney store stoir, according to president obama's campaign. >>> president obama called mitt floil today to congratulate him on securing enough delegates to win the republican nomination. white house aides say the presiden
she is all about the economy. she really talked about how her husband wants to bring this country back to where it should be, a leader in the world, how important it is for us to have jobs. >> she said that women's issues were employment. they were the same as men now. >> reporter: political analysts say the democratic party often has the advantage when it comes to female voters, but this year, the economy may trump social b5b8vs. there is this historic gender gap advantage that the...
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Jul 27, 2011
07/11
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the slow economy is behind the deaspirate situation. over the last two years, the donations are down 31 and 25%. at the same time, the cost of food and shelter is up. >> cats in here are the cheese kittens. we have five of them in here. >> reporter: they are called the cheese kittens because they're named off cheeses. they have 44 cats. but i just learned that six dogs have now been adopted. this video was posted on "youtube" in december. so it's likely that the tabbies have been adopted. and if you come out live and take a closer look at the building. it's a couple years old at the most. laura rice will be here to explain how they can afford a new building but not the operating expenses to run it. reporting live, channel 2 news. >>> there's an alert about a mountain lion this morning near half moon bay. they exampled car cusses found -- carcass of some sheep and goats. and they found signs of a mountain lion attack. if you come in contact with a mountain lion, don't run, instead face it and make a lot of noise and try look bigger than
the slow economy is behind the deaspirate situation. over the last two years, the donations are down 31 and 25%. at the same time, the cost of food and shelter is up. >> cats in here are the cheese kittens. we have five of them in here. >> reporter: they are called the cheese kittens because they're named off cheeses. they have 44 cats. but i just learned that six dogs have now been adopted. this video was posted on "youtube" in december. so it's likely that the tabbies...
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Apr 8, 2018
04/18
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that's a bridge to the new economy. that's giving people the opportunity to put their kids through college, to afford health care with a real job. that's the kind of message the democrats are talking about. >> chris: let's look at the trump record on the economy, which obviously you agree is going to be the key issue in november. employers are adding an average of 202,000 jobs a month this year. the unemployment rate has been 4.1% for six straight months. that's the lowest level in 17 years and wages are up 2.7%, the highest rate of almost nine. americans feel good about the trip economy. >> congressman crowley: show me how any of those statistics the difference of any month that president obama was president of united states. >> chris: address of the 4.1%. lowest level in 17 years. >> congressman crowley: it's moving on a downward trend. >> chris: wage growth went up. >> congressman crowley: where was it when president bush left office? >> chris: president bush or president obama? >> congressman crowley: president bush
that's a bridge to the new economy. that's giving people the opportunity to put their kids through college, to afford health care with a real job. that's the kind of message the democrats are talking about. >> chris: let's look at the trump record on the economy, which obviously you agree is going to be the key issue in november. employers are adding an average of 202,000 jobs a month this year. the unemployment rate has been 4.1% for six straight months. that's the lowest level in 17...
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May 9, 2020
05/20
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especially the local economy. i've always tried to support our local businesses. >> sonoma, napa and solano counties have entered the second phase of the pandemic by relaxing restrictions from toys to sporting goods. of the chain allows them to operate curbside services but they must obey all provisions including social distancing. >> everyone understands, we understand why we can't have anybody in the store. so they are mindful about what is going on. >> the six bay area counties have decided not to ease restrictions yet. >> the sonoma county of department of hope services says this is possible because of significant interruption of the transmission of the virus due to compliance with the local orders in sonoma county. shelter in place work to save lives and maintain capacity. outside ray's cycle, simple brake adjustments were happening on the sidewalk. >>'s brakes did not work very well so we came straight here and they fixed them for him. >> the other challenge is to maintain regulations at half staff. we have
especially the local economy. i've always tried to support our local businesses. >> sonoma, napa and solano counties have entered the second phase of the pandemic by relaxing restrictions from toys to sporting goods. of the chain allows them to operate curbside services but they must obey all provisions including social distancing. >> everyone understands, we understand why we can't have anybody in the store. so they are mindful about what is going on. >> the six bay area...
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Mar 15, 2020
03/20
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that is a portion of the economy but that's the economy that is going to be hit the hardest. obviously, big companies can afford these things for health care workers. so i want to be careful to throw out a number. but the important issue is, whatever we need, we are going to get from congress. >> chris: that's what i want to pick up on next, the president tweeted friday evening that he will sign this bill that the house passed. how confident are you that the senate will pass this bill this week and send it to the president? >> let me just say the president tweeted that because we kept the president and the vice president involved in all of the details of this. and the president drafted the tweet a little bit earlier but we asked them not to send it out until we have the final language that we were working on. i've been speaking to senators all day yesterday. we had conversations with mitch mcconnell and team along the way. one of the things i will tell you is we are hearing feedback that certain small businesses are concerned about the burden of this we were very focused we n
that is a portion of the economy but that's the economy that is going to be hit the hardest. obviously, big companies can afford these things for health care workers. so i want to be careful to throw out a number. but the important issue is, whatever we need, we are going to get from congress. >> chris: that's what i want to pick up on next, the president tweeted friday evening that he will sign this bill that the house passed. how confident are you that the senate will pass this bill...
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Apr 22, 2018
04/18
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president trump likes to call himself a disruptor, determined to transform the american economy. but when it comes to shaking things up, he has nothing on his french counterpart. >> let's talk about your political movement. how would you describe your reform agenda to americans? >> president macron: my reform agenda is to modernize the country. we fixed corporate taxes. we are modernizing the different sectors and we will pursue this agenda to the end and at the same time we launch with germany a very strong approach in order to modernize the european union. i want this country to be both much stronger and totally adapted to the new challenges like digital and green economy. >> chris: when you came into office, the unemployment rate was 9.5%, it's now 8.9. growth is at 2%, which is the fastest rate in ten years, but your critics say you are the president of the rich. how do you plead? >> president macron: are the rich victims i'm not so sure. the more you decrease unemployment the more you serve poor people because you provide jobs. my policy is focused on job creation, helping b
president trump likes to call himself a disruptor, determined to transform the american economy. but when it comes to shaking things up, he has nothing on his french counterpart. >> let's talk about your political movement. how would you describe your reform agenda to americans? >> president macron: my reform agenda is to modernize the country. we fixed corporate taxes. we are modernizing the different sectors and we will pursue this agenda to the end and at the same time we launch...
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May 8, 2020
05/20
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. >>> moving forward as california starts to reopen the economy. the businesses allowed to reopen, and what bay area counties will continue with the restrictions. a planned power outage on one of the hottest days of the year so far in the bay area all while many people in the east bay are sheltering in place. >>> welcome. if you live inland, i hope that you have your windows opened now to take advantage of the cooler air that you're going to have for the next hours or so. it's going to be a hot one. we will talk about the weather in just a few minutes. i know that we talked about what has changed and what we cannot wait to get back too, but this morning a different sort of question for you is there anything that you're doing in your own personal life or a family that you hope to continue when the pandemic is over. first, we moved the dinner time way up. we're having the biggest meal around 2:00 or 3:00. yes, the boy s get hungry, but i think that's old saying east breakfast like a king and lunch like a prince, we were not doing that. i hope that we
. >>> moving forward as california starts to reopen the economy. the businesses allowed to reopen, and what bay area counties will continue with the restrictions. a planned power outage on one of the hottest days of the year so far in the bay area all while many people in the east bay are sheltering in place. >>> welcome. if you live inland, i hope that you have your windows opened now to take advantage of the cooler air that you're going to have for the next hours or so. it's...
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Jun 10, 2012
06/12
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economy. >> chris: thank you panel. check out panel plus where they pick up with a discussion on our website. and make sure to follow us on twitter. up next. power players of the week . power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. i was 18 years old before i had my first fresh bun. the invention that i came up with is the hot dog ez bun steamer. steam is the key to a great hot dog. i knew it was going to be a success. the invention was so simple that i knew i needed to protect it. my name is chris schutte and i got my patent, trademark and llc on legalzoom. [ shapiro ] we created legalzoo
economy. >> chris: thank you panel. check out panel plus where they pick up with a discussion on our website. and make sure to follow us on twitter. up next. power players of the week . power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason 75% of our mutual funds beat their 10-year lipper average. t. rowe...
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Aug 28, 2020
08/20
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that's one of the reasons that we're advancing so rapidly with our economy. great job. [ applause ] >> as a result, we have seen the smallest economic contraction of any major western nation and we are recovering at a much faster rate than anybody. over the past three months we have gained over 9 million jobs and that's a record in the history of our country. [ applause ] >> from the beginning our opponents have shown themselves capable of nothing but a partisan ability to criticize. when i took bold action to issue a travel ban on china very early indeed, joe biden called it hysterical and xenophobic and then i introduced a ban on europe very early again. if we had listened to joe, hundreds of thousands more americans would have died. instead of following the science, joe biden wants to inflict a painful shutdown on the entire country. his shutdown would inflict unthinkable and lasting harm on our nation's children, families and citizens of all backgrounds. th
that's one of the reasons that we're advancing so rapidly with our economy. great job. [ applause ] >> as a result, we have seen the smallest economic contraction of any major western nation and we are recovering at a much faster rate than anybody. over the past three months we have gained over 9 million jobs and that's a record in the history of our country. [ applause ] >> from the beginning our opponents have shown themselves capable of nothing but a partisan ability to...
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Mar 17, 2020
03/20
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the impact on china's economy as well. have you received indication they are going to have trouble meeting part of the phase i deal particularly the agriculture? >> they need a products very badly. and no i have not received any word. good relationship with china. i have not received anything to that. we have a signed agreement they will be buying and have been buying a lot of product. >> dr. burke is talking about the possibility of our hospitals been overburdened and over text. she talked about certain options that are available to the united states. including va hospitals, department of defense medical treatment facilities. out what point do you tap into the options? >> i'll know the point in speaking with evan or cuomo and other governors we will know the point it will be different for new york than it will be for iowa or idaho or west virginia frankly or it's different. new york has got a big problem, state of washington has a big problem. california has some big problems. everyone is doing a big job but we will know
the impact on china's economy as well. have you received indication they are going to have trouble meeting part of the phase i deal particularly the agriculture? >> they need a products very badly. and no i have not received any word. good relationship with china. i have not received anything to that. we have a signed agreement they will be buying and have been buying a lot of product. >> dr. burke is talking about the possibility of our hospitals been overburdened and over text....
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Sep 6, 2013
09/13
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economy is good for their economies too. yet we came to st. petersburg mindful of the challenges that remain. as it emerges from recession, europe has an opportunity to focus on boosting demand and reducing unemployment. as well as making some of the structural changes that can increase long-term growth. growth in emerging economies has slowed. so we need to make sure that we are working with them in managing this process. and i'm pleased over the past two days we have reached a consensus on how to proceed. we have agreed our focus needs to be on creating jobs and growth that put people back to work. we agreed on ways to encourage the investments and infrastructure that keep economies competitive. missions agreed to continue pursuing financial reforms and to address tax evasion and tax avoidance which under minds budget and shoplifts the tax burden to other taxpayers. we are moving ahead with our development agenda with focus on food security and combating corruption. i'm pleased that the g-20 nations agreed to make faster progress on phasing
economy is good for their economies too. yet we came to st. petersburg mindful of the challenges that remain. as it emerges from recession, europe has an opportunity to focus on boosting demand and reducing unemployment. as well as making some of the structural changes that can increase long-term growth. growth in emerging economies has slowed. so we need to make sure that we are working with them in managing this process. and i'm pleased over the past two days we have reached a consensus on...
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, it benefits our economy. >> chris: here's the problem i think a lot of people have. countries like the u.s., which have been developing an industrial economy since the 19th century, the argument is that somehow we owe something to countries that didn't. >> vice pres. gore: is a global challenge in the world community as a whole has to face up to. this administration has said there's no such thing as a global community. actually, there is, because we as a civilization are putting 110 million tons of heat trapping global warming pollution up into the sky every day as if it's an open sewer. the climate crisis is real, chris. i'm sure you know that, president trump won't say whether he believes it's real or not, but it is real. you don't have to rely on the virtually unanimous opinion of the scientific community anymore. mother nature is telling us every night on the tv news now is like a nature hike through the book of revelations. people are noticing this, these downpours and historic floods. the u.s. just in the last ten years. we cut these wildfires that become magni
, it benefits our economy. >> chris: here's the problem i think a lot of people have. countries like the u.s., which have been developing an industrial economy since the 19th century, the argument is that somehow we owe something to countries that didn't. >> vice pres. gore: is a global challenge in the world community as a whole has to face up to. this administration has said there's no such thing as a global community. actually, there is, because we as a civilization are putting...
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Jul 7, 2019
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he inherited an economy that he described as the worst economy in american history. it's hard to believe into and a half years he's made it so dramatically better and of course when you look at the trends, they are the same but they were in 2009 as they are today. the point about whether the economy is working for most people, i think that is a valid point. if colorado has one of the strongest economies on this planet, yet most of the people that i meet can't afford some combination of housing, health care, higher education, or early childhood education. they can't afford a middle-class life and the families that i knew when i was super intendant, increasingly can't see themselves, no matter how hard they work, can't seem to get their families out of poverty. if there are two economies in this country, the wealthiest americans for the last 40 years have done really well and everybody else has done pretty poorly, at least based on our historical norms. that's not something you can i'm donald trump four. as of the same thing when president obama was president. if we ha
he inherited an economy that he described as the worst economy in american history. it's hard to believe into and a half years he's made it so dramatically better and of course when you look at the trends, they are the same but they were in 2009 as they are today. the point about whether the economy is working for most people, i think that is a valid point. if colorado has one of the strongest economies on this planet, yet most of the people that i meet can't afford some combination of housing,...
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Jul 2, 2019
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that is having an impact on stocks because it certainly affects your economy and the global economy. checking in on the numbers right now, they've all turned up just a little bit though as you can see. live look at the dow jones up slightly. just about five point to 26,720. the s&p 500 up a tiny bit to 2967. that is the all-time high it hit yesterday. the nasdaq is flat now. >>> there is a new top clothing retailer. it does not offer mitting rooms or displays with mannequins. it is costco. costco sold more than $7 million in clothing last year according to the washington post. that is more than ralph lauren, neiman marcus or all the old navy, banana republic and gap stores combined. analysts say costco is popular because it offers upscale labe. it ffer oits open much less expensive kirkland brand but it is also convenient to shop for clothe while you are out there shopping for food. >>> wal-mart use some new technology to help promote employees. according the "wall street journal," wal-mart is using a virtual wality headset to see how works are would handle different swayings. that i
that is having an impact on stocks because it certainly affects your economy and the global economy. checking in on the numbers right now, they've all turned up just a little bit though as you can see. live look at the dow jones up slightly. just about five point to 26,720. the s&p 500 up a tiny bit to 2967. that is the all-time high it hit yesterday. the nasdaq is flat now. >>> there is a new top clothing retailer. it does not offer mitting rooms or displays with mannequins. it is...
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May 8, 2020
05/20
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economy, more than 3 million americans apply for unemployment last week. that brings the total to more than 33 million in just less seven weeks. tomorrow the federal government is expected to release report showing the unemployment across the country is as high as 16%, that is something we've not seen since the great depression. joining us to talk about these numbers is james mcbride. these numbers are staggering, read today that the number of people who file for unemployment in march and april may exceed all of the jobs created since the great recession. how are we going to get out of this and how long will it take? >> it is going to take a while, and i hate to tell you, but the president of the minneapolis was interviewed today he says the numbers are worse than what they're expecting, and he thinks the employment rate will go into the early 20th, 21, 22, 23%. how we will get out of this is working have to reopen the economy the best weekend. this is been done in south korea and hong kong, and there does not seem to be an increase in covid-19 patients. t
economy, more than 3 million americans apply for unemployment last week. that brings the total to more than 33 million in just less seven weeks. tomorrow the federal government is expected to release report showing the unemployment across the country is as high as 16%, that is something we've not seen since the great depression. joining us to talk about these numbers is james mcbride. these numbers are staggering, read today that the number of people who file for unemployment in march and april...
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Sep 17, 2020
09/20
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experts predict it will take years before the economy gains the job losses. >> first-time unemployment claims fell last week the layoffs rema to the week before still 860,000 americans filed for jobless benefits last week. also, 12.6 million people have filed for unemployment. we are looking through these numbers. a joining us now with a recap of where we have been and where we are likely to go on the job market. >> reporter: for california slight dip in unemployment claims is not a sign of recovery but a milestone on a long, long road back. in january and february california's unemployment rate was a record 3.9% until march 19 then it shot up to 5.3 percent after the governors stay at home executive order. aprils unemployment skyrocketed to 15.5%. currently the official unemployment is 13.3 percent for july with august rates coming out tomorrow. to since and 7.5 million californians, 39% of california's entire work force has filed claims, some laid off multiple times. >> this runs way above the national level. >> reporter: is humiliating and debilitating for people. to get claims paid
experts predict it will take years before the economy gains the job losses. >> first-time unemployment claims fell last week the layoffs rema to the week before still 860,000 americans filed for jobless benefits last week. also, 12.6 million people have filed for unemployment. we are looking through these numbers. a joining us now with a recap of where we have been and where we are likely to go on the job market. >> reporter: for california slight dip in unemployment claims is not a...
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Mar 10, 2019
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the other concern is that after ten years of growth, is the economy slowing down? i want to put up some numbers on this. growth in 2018 went from 4.2% in the second quarter, you can see down in his third quarter and all the way down to 2.6% in the fourth quarter and with the economies in europe and china slowing, there is a glowing grg consensus among experts who are not going to make 2% for the first quarter this year, do you agree with that, that you will be in the ones for the first quarter of 2019? >> larry: are not going to score it just yet. i will take the over on that forecast. as i generally do, by the way. >> chris: i was going to say. >> larry: i would say as long as we keep our policies intact, low tax rates for individuals and businesses across the board, deregulation, light and the paperwork burden, let small businesses breed and get a good rate of return. the president has ended the war on business. the president has provided incentives for economic growth. we've opened up the energy sector. our policies are strong and i think the growth rates this c
the other concern is that after ten years of growth, is the economy slowing down? i want to put up some numbers on this. growth in 2018 went from 4.2% in the second quarter, you can see down in his third quarter and all the way down to 2.6% in the fourth quarter and with the economies in europe and china slowing, there is a glowing grg consensus among experts who are not going to make 2% for the first quarter this year, do you agree with that, that you will be in the ones for the first quarter...
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Mar 8, 2024
03/24
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[applause] folks, i inherited an economy on the brink. now our economy is literally the mv of the world. 15 million new jobs in just three years, a record. a record. unemployment at a 50 year low. a record 16 million americans have started small businesses and each one is a literal act of hope. this historic job growth and for lack and hispanic americans, 800 new manufacturing jobs in america and counting. where is a rig, we can't beat the manufacturing of the world, we will and we will are. more people have insurance today than ever before. the racial wealth gap is as small as it has been in 20 years. we just keep going up, inflation keeps going down. inflation has dropped from 9 percent to 3%, the lowest in the world and trending lower. the landing is and will be soft. and now instead of importing foreign products and exploiting american jobs. we are exporting american products and creating american jobs. right here in america where they belong. [cheers and applause] and it takes time, but the american people are beginning to feel it. c
[applause] folks, i inherited an economy on the brink. now our economy is literally the mv of the world. 15 million new jobs in just three years, a record. a record. unemployment at a 50 year low. a record 16 million americans have started small businesses and each one is a literal act of hope. this historic job growth and for lack and hispanic americans, 800 new manufacturing jobs in america and counting. where is a rig, we can't beat the manufacturing of the world, we will and we will are....
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Aug 21, 2011
08/11
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first the economy. shaken by fears of recession at home and the debt crisis in europe, the stock market had a rocky week. the dow dropped 5.2 percent after beginning the week on an upbeat note. for the year the drop is 6.6 percent. to give perspective on where we are we turn to stewart varney from the fox business network in new york. stewart, thank you for being with us. is the u.s. on the brink of a double dip recession? >> we are certainly in a nail-biting time. the double dip recession thought is creating concern in america. we are in a low growth or no growth at all and tipping on the edge of recession. in europe there is a recession ongoing there and the banks are looking shaky because of all of there is three high exy exy factors. it doesn't look like relief for the high anxiety exactors coming up this week. we know about the president's job's plan and so far what we have heard is not encouraging will more spending and probably more debt . meanwhile, ben bernanke is fresh out of policy options to
first the economy. shaken by fears of recession at home and the debt crisis in europe, the stock market had a rocky week. the dow dropped 5.2 percent after beginning the week on an upbeat note. for the year the drop is 6.6 percent. to give perspective on where we are we turn to stewart varney from the fox business network in new york. stewart, thank you for being with us. is the u.s. on the brink of a double dip recession? >> we are certainly in a nail-biting time. the double dip...
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May 18, 2020
05/20
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to jobs, áwith 20 percent of the áworkforce filing for unemployment, anyá experts á question if the economy will be able to bounce back, one á economic advisor does not á expect this to happen all at once. á>>> we don't know the magnitudá of the swing, or the duration áof the swing. it is an uncertain outlook. á >>> massachusetts and connecicut ákeep their stay-at- áhome orders, in california it áis done on a county by county ábasis based on state requirements. here in the bay area, we have 10,874 cases of covid-19, 390 people have died from the á infection, nationally, the u.s. áhas nearly one and a half á million confirmed cases, and 89,000 people have died. >>> the $3 trillion economic billá passed by the house of á representatives is not going to be approved by the senate. republicans áand control of the senate pubá publicly criticized áthe bill, calling it a wish álist for democrats, filled witá things that are not directly related áto pandemic. árepublicans want to hold off oá another relief package for a ácouple of weeks to see how the economy dos, now that ma
to jobs, áwith 20 percent of the áworkforce filing for unemployment, anyá experts á question if the economy will be able to bounce back, one á economic advisor does not á expect this to happen all at once. á>>> we don't know the magnitudá of the swing, or the duration áof the swing. it is an uncertain outlook. á >>> massachusetts and connecicut ákeep their stay-at- áhome orders, in california it áis done on a county by county ábasis based on state requirements....
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Jul 19, 2020
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but i think the economy is doing very well. now we are coming back and were coming back at a level that nobody would have thought possible. and by the way, take a look at another -- i mean, whether you like it or not, the stock market. the stock market, nasdaq hit its all-time high two weeks ago and has beaten at 14 different times. the stock market et cetera is a thousand points away from its all-time high, meaning very close. we are going to have a stock market perhaps on november 3rd that's the highest in history. >> chris: i want to talk to you about obamacare. since the pandemic it, millions of people have lost their job and thereby lost their health insurance and almost a half a million have signed up for obamacare. your administration just announced that your signing onto a lawsuit to overturn obamacare. >> president trump: and replace it. >> chris: why does it make sense to overturn obamacare with which people now are relying on -- democrats are going to say the man who's wanted to kill obamacare is going to take away t
but i think the economy is doing very well. now we are coming back and were coming back at a level that nobody would have thought possible. and by the way, take a look at another -- i mean, whether you like it or not, the stock market. the stock market, nasdaq hit its all-time high two weeks ago and has beaten at 14 different times. the stock market et cetera is a thousand points away from its all-time high, meaning very close. we are going to have a stock market perhaps on november 3rd that's...
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Mar 20, 2020
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we don't shut down our economies because tens of thousands die from the common flu. at worse, 3% will die. what do have you have about people who have that view? >> i would say they're agreeing with us. everybody is doing the exact same thing. we want top shut it out. we'll see what happens in two weeks, three weeks . if we scan save thousands of lives. could be talking millions of lives. you have very smart people in the world, smart leaderships leaders and most, if in the all they're doing an effective job. we will know better in 14, 15 days. you're talking about hundreds of thousands, and we can bring our finances back. we can't wring the people back. >> to follow up on that, there's millions who share that view that say i don't really need to shut things down. i don't need to stay away from stores. i can go to the beach and those people hang multiple actions oaks actions exponentially. >> i would like to have anthony answer that. that's what he does. we have a lot of talented people telling us what they think. >> first, i think that's a false e qif a len sigh. wh
we don't shut down our economies because tens of thousands die from the common flu. at worse, 3% will die. what do have you have about people who have that view? >> i would say they're agreeing with us. everybody is doing the exact same thing. we want top shut it out. we'll see what happens in two weeks, three weeks . if we scan save thousands of lives. could be talking millions of lives. you have very smart people in the world, smart leaderships leaders and most, if in the all they're...
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Jun 26, 2016
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economy? >> i think they are less worried about the impact on the u.s. economy. quite worried about the european economy. broadly worried about this idea that what we saw happen in britain could take hold not just here but also throughout europe and really change the economic climate, the push toward broad trade agreements the u.s. and europe have been in negotiations. you could see a move away from the global economic order. >> wouldn't that have an impact on our economy? >> it would if we got to that point. it's unclear whether what we saw in britain is isolated order you will s will see others move to leave europe. >> you have a column, george, in which you are almost as happy about britain leaving the eu as nigel farage was. why? >> well, even the supporters remaining in the eu approached it with a weary, gloomy resignation saying we have no choice. voters hate being told they have no choice. they said we so entangled with the eu and there will be such calamities that we have to grin and bear it and hope the eu gets better over time. for all the attempts to s
economy? >> i think they are less worried about the impact on the u.s. economy. quite worried about the european economy. broadly worried about this idea that what we saw happen in britain could take hold not just here but also throughout europe and really change the economic climate, the push toward broad trade agreements the u.s. and europe have been in negotiations. you could see a move away from the global economic order. >> wouldn't that have an impact on our economy? >>...
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Dec 31, 2017
12/17
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is it still the economy? >> nothing matters more to voters on the economy. i think that's the single best predictor but there is 2018 or 2020 with the economy looks like. if you got peace and prosperity, you tend to do well as a party in power and if you don't, you're challenged. i also think presidents get more credit for economic successes than they deserve and more blame than they deserve as well. so i wouldn't simply say the barometer for republicans either in 2018 or 2020 or four republican policy successes is look at the economy, therefore we did that. but i do think mo was a little unfair. there are a lot of republican compliments we didn't talk about in areas such as energy and labor policy. there was a big fourth-quarter push but a whole lot got done. >> dana: a lot of that was done administratively. remember him saying he had a pen and a phone. the president that will come after him. rick leaders are going to go to the speaker's office on wednesday when i get back into town because they have a lot to do. getting together on the third of the month,
is it still the economy? >> nothing matters more to voters on the economy. i think that's the single best predictor but there is 2018 or 2020 with the economy looks like. if you got peace and prosperity, you tend to do well as a party in power and if you don't, you're challenged. i also think presidents get more credit for economic successes than they deserve and more blame than they deserve as well. so i wouldn't simply say the barometer for republicans either in 2018 or 2020 or four...
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Sep 18, 2020
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. >> major college boards in general have a significant impact on the economy. >> reporter: fans won't be allowed at the games, their usual haunts are set up to show the action as america and the pack 12 seem poised towards another step to getting back to normal. >>> game two of the 49ers season is this sunday. they are in new york facing off against the jets digging up air force win. >>> this is fox 2 news at 6:00. >>> more than 60 people are affected at a child care centers in north bay. >> it's hard first socially distancing young children and keeping mask on all the time. >> this is affected child care workers as well. here's what we know about the outbreak. did it happen that 13 preschools and home-based daycare is. 25 children under the age of six were affected also family members were affected and staffing members. that total 62 cases stemming from childcare facilities. officials said no one needed to go to the hospital. rob ross has the details. >> reporter: the announcement came as part of an online presentation from the public help officer. covid-19 has been traced to 13 pres
. >> major college boards in general have a significant impact on the economy. >> reporter: fans won't be allowed at the games, their usual haunts are set up to show the action as america and the pack 12 seem poised towards another step to getting back to normal. >>> game two of the 49ers season is this sunday. they are in new york facing off against the jets digging up air force win. >>> this is fox 2 news at 6:00. >>> more than 60 people are affected at...
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Mar 13, 2013
03/13
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my goal is how do we grow the economy. put people back to work and if we do that we're going to be growing the economy. >> paul ryan's plan is to eliminate obama care. >>> sources tell us that our report has persuaded the nfl to consider genetic tests for players. a health and science editor john fowler broke the story last month of a cheek swab test that its innovators say will show bio analysts for brain damage. roger goodell now says the league wants to learn more about those bio markers. thousands of players are suing the league charging they did not do enough to protect players. >>> in europe, a late winter storm shut down travel in several countries. europe's third busiest airport cancelled hundreds of flights and more cancellations are expected tomorrow. >> and in england hundreds of drivers were stranded for up to 10 hours on ice and snow covered highways. in fact, some drivers simply abandoned their cars which just added to all the problems. >> in china the number of dead figs found in a river in shanghai has doub
my goal is how do we grow the economy. put people back to work and if we do that we're going to be growing the economy. >> paul ryan's plan is to eliminate obama care. >>> sources tell us that our report has persuaded the nfl to consider genetic tests for players. a health and science editor john fowler broke the story last month of a cheek swab test that its innovators say will show bio analysts for brain damage. roger goodell now says the league wants to learn more about those...
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Jul 18, 2014
07/14
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the world economy is integrated. russia is a large economy. there's a lot of financial flows between russia and the rest of the world. but we feel confident at this point, the sanctions we put in place are imposed upon russia, that the impact on the global economy is minimal. it's something that we have to obviously pay close attention to but i think treasury in consultation with our international partners have done a good job. all right? thank you very much. >> you've been listening live to president obama speaking at the white house. the top line, one american was killed in the plane over ukraine. we've gotten the confirmation before. we don't know where the person is from. but the president also said the evidence shows the plane was shot down by a surface-to-air missile in an area controlled by russian-backed separatists and he made very clear those separatists had been receiving reports from russia, including anti-aircraft weapons and training but he also made very clear that there needs to be a thorough investigation. we should not jump t
the world economy is integrated. russia is a large economy. there's a lot of financial flows between russia and the rest of the world. but we feel confident at this point, the sanctions we put in place are imposed upon russia, that the impact on the global economy is minimal. it's something that we have to obviously pay close attention to but i think treasury in consultation with our international partners have done a good job. all right? thank you very much. >> you've been listening live...
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May 4, 2014
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obamacare a drag on the economy or a boost to the economy? >> well, i think the obamacare effect on the economy over a period of time will be largely neutral. what it's caused people like small business people and for that matter fedex to do for 100,000 of our employees and their families is to change the structure of our health care so there's much more patient involvement, higher deductibles and higher co-pays. and so that will offset to some degree the increased transfers to the people that did not have health care. i think overall it will be relatively neutral in the short term longer term maybe more problematic. >> mr. smith, mr. wolf, we have to leave it there. thank you so much for joining us today. >> thank you. >> thank you. >> up next, president obama threatens more sanctions against russia and defends his foreign policy. our sunday group will take up that conversation. >>> russian leadership must know that if they continue to destabilize eastern ukraine and disrupt this month's presidential election, we'll move quickly on additiona
obamacare a drag on the economy or a boost to the economy? >> well, i think the obamacare effect on the economy over a period of time will be largely neutral. what it's caused people like small business people and for that matter fedex to do for 100,000 of our employees and their families is to change the structure of our health care so there's much more patient involvement, higher deductibles and higher co-pays. and so that will offset to some degree the increased transfers to the people...
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Apr 28, 2024
04/24
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>> was in, this president has presided over an economy that's growing at record rates. we have unemployment at structurally low number. you want a job in this country you can get it. crime is plummeting. there is still a lot of progress to be made here but of donald trump wins its going to be the same trickle-down economic policies that we've lived with. you will have a reckless hack euros possible and ministration that tries to seek to divide us from each other peer joe biden still has work to do but this is a growing capita economy. our streets are safer, this country is respected around the world again. i admit this is going to be a close election by thank joe biden will have an incredible record run. >> shannon: and before we go i want to ask you quickly you are doing an effort along or with republican governor of utah spencer kok. -- spencer cox. you say were to divide it is there an appetite for that, to people really want to sit talisman who opposes them and try to find solutions? >> i hope so. i will work for president biden and try to get him reelected. it's me
>> was in, this president has presided over an economy that's growing at record rates. we have unemployment at structurally low number. you want a job in this country you can get it. crime is plummeting. there is still a lot of progress to be made here but of donald trump wins its going to be the same trickle-down economic policies that we've lived with. you will have a reckless hack euros possible and ministration that tries to seek to divide us from each other peer joe biden still has...
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Mar 4, 2018
03/18
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economy, but the global economy? >> mr. bolten: escalation into a trade war is what the businesses in my organization are really worried about. it's bad enough in the steel and aluminum case, but the tweets by the president, including the tweet about responding on german autos on friday suggests that he thinks a trade war is easy, that it's winnable. it isn't. nobody wins a trade war, especially in the days when we are so dependent on goods coming in and going out. competitiveness. every modern president has faced some straight skirmishes in their time, but they have all been wise enough not to let it descend into outbreak trade wars. >> chris: let me ask you about that, because you do have some experience with this, you are the deputy chief of staff first of the bush white house and into thousand two president bush, bush 43, imposed steel tariffs of 30% on foreign steel imports. he did exempt some countries like canada, which this president according to mr. mr. navarro, is not going to do. there was some retaliation and ev
economy, but the global economy? >> mr. bolten: escalation into a trade war is what the businesses in my organization are really worried about. it's bad enough in the steel and aluminum case, but the tweets by the president, including the tweet about responding on german autos on friday suggests that he thinks a trade war is easy, that it's winnable. it isn't. nobody wins a trade war, especially in the days when we are so dependent on goods coming in and going out. competitiveness. every...
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Jul 25, 2022
07/22
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contraction in the economy. and even if that number is negative , we're not in a recession now. this coming thursday, the commerce department will release a new report on the economy's output in the second quarter. the economy shrank 1.6% in the first quarter, two straight negative quarterly reports in a row, usually considered a recession. treasury secretary says the strong job market and hiring show otherwise he was on the court of oakland says it's back to operating at full capacity after a weeklong trucker protests shut down all entrances to the ports. the truckers were protesting the gig . worker law, maybe five. the bill requires trucking companies to hire independent contractors and reclassify them as employees . many truckers say they don't want that to happen. cortez it was back open for full business on saturday, meaning millions of dollars worth of goods things like medical supplies, agricultural products, auto parts and manufacturing parts are now on the move once again. the has been cracking down on
contraction in the economy. and even if that number is negative , we're not in a recession now. this coming thursday, the commerce department will release a new report on the economy's output in the second quarter. the economy shrank 1.6% in the first quarter, two straight negative quarterly reports in a row, usually considered a recession. treasury secretary says the strong job market and hiring show otherwise he was on the court of oakland says it's back to operating at full capacity after a...
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Sep 19, 2012
09/12
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> > yes, because of the economy. the challenges are great. we're talking about access to capital, access to contracts, and access to resources, and access to venture capital as well. so yes, it's flattened because of the economy, and because banks are less likely to lend to women- owned businesses and to small businesses generally. so they don't have the resources to grow their businesses as fast, or start their businesses. > > if they're not as willing to loan to women-owned businesses, is it because they're run by women, or because women are in, say, the service sector? > > it's a little bit of both. most women are in the service sector, and they don't have assets, so the banks don't have anything to grab on to. but the other issue is that banks are very risk averse - with good reason - and they're looking at much more of the traditional companies that they're accustomed to working with, like manufacturing. so, women are really kind of left out of the process. however, our organization is now doing much more direct lending, and the direct l
> > yes, because of the economy. the challenges are great. we're talking about access to capital, access to contracts, and access to resources, and access to venture capital as well. so yes, it's flattened because of the economy, and because banks are less likely to lend to women- owned businesses and to small businesses generally. so they don't have the resources to grow their businesses as fast, or start their businesses. > > if they're not as willing to loan to women-owned...
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Oct 7, 2022
10/22
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it's not good for our economy, and we're seeing a lot of the pain from it. the next economic indicator to look out for the consumer price index out thursday in washington, carolina shyly news to unpack there. so let's break it all down on this friday and say hello to our good friend moan stanley financial expert george machete. good to have you with us. george is always break. all right. can you explain the significance of today's job report and why good news on the job front might mean bad news on the inflation front. well it's a bizarre explanation, frank. it's a case where good news really isn't good news. our unemployment rate went down to 3.5% that's low suspended 50 years we brought back 22 million people who were laid off due to covid or back working, and we have, plus more people working. so if you have more people working there generating a salary, they're spending money. and we have a lot of money chasing too few goods, so that just raises inflation even higher. with that in mind, you fully expect the feds to raise rates as much as three quarters o
it's not good for our economy, and we're seeing a lot of the pain from it. the next economic indicator to look out for the consumer price index out thursday in washington, carolina shyly news to unpack there. so let's break it all down on this friday and say hello to our good friend moan stanley financial expert george machete. good to have you with us. george is always break. all right. can you explain the significance of today's job report and why good news on the job front might mean bad...
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Mar 12, 2020
03/20
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there is also a focus on the economy. obviously we have seen the markets that have tanked as of late over fears about the coronavirus. so the president laid out a number of things that he wants to do in terms of stimulating the economy among other things that he would talk about taking emergency action to provide financial relief to workers who are either sick with the coronavirus or forced to stay at home because they are caring for someone who may be sick. he also said the small business administration will be providing loans to try to help a lot of businesses who are struggling right now because fewer people are coming in, spending their money. these small business loans will help those businesses stay afloat during the outbreak. >> and he also mentioned he is asking congress to increase funding by $50 billion to help this economic stimulus package, talked about deferring tax payments without penalties for certain businesses and individuals, and providing, he's going to ask congress for immediate payroll tax relief. he
there is also a focus on the economy. obviously we have seen the markets that have tanked as of late over fears about the coronavirus. so the president laid out a number of things that he wants to do in terms of stimulating the economy among other things that he would talk about taking emergency action to provide financial relief to workers who are either sick with the coronavirus or forced to stay at home because they are caring for someone who may be sick. he also said the small business...
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Oct 8, 2012
10/12
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economy. 87% said gdp will remain stable or accelerate. 57% expect job growth to remain stable. 69% believe housing prices will increase and 62% say the latest round of quantitive easing will have a postive impact on the market. ahead of the election and after the presidential debates, small businesses are clearly in focus as a jumpstart to the u.s. economy. the atmosphere is improving, lending is up, and more people are scoring money to start their own businesses. while running a business has its perks, a lot of startups happened as a result of necessity after layoffs during the slowdown. but lenders at the small business expo in chicago have a positive outlook for the future. "when the economy first tanked, people were too afraid to launch their own businesses. but that's behind them now, so we are seeing lenders who are making loans as well as small private loans up to $15,000." "i think a lot of people who were unable to get jobs have launched their own companies or might have gotten an ea
economy. 87% said gdp will remain stable or accelerate. 57% expect job growth to remain stable. 69% believe housing prices will increase and 62% say the latest round of quantitive easing will have a postive impact on the market. ahead of the election and after the presidential debates, small businesses are clearly in focus as a jumpstart to the u.s. economy. the atmosphere is improving, lending is up, and more people are scoring money to start their own businesses. while running a business has...
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Aug 14, 2019
08/19
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economy and fear of a recession down the road. see on the screen, the dow jones dropped 100 points in the last 20 minutes. the dow, nasdaq and s&p 500 down close to 3%. >>> today state lawmakers in sacramento considering a proposal to lower the state's voting age. >>> what local civil rights leaders are saying about how the trump administration public charge rules will affect immigrant communities. the trump administration is defending immigration policy. >> the administration is facing more criticism for its reinterpretation of the inscription on the statute of liberty. >> reporter: the trump administration not backing down on wednesday following credit sis of the immigration policy. the white house announcing a new rule seeing green card applicants rejected for receiving public assistance or failing to meet income standards. in defense of that rule, acting citizenship and immigration services director saying the famous inscription on the statute of liberty is about people coming from europe. >> if i open my mouth they will screa
economy and fear of a recession down the road. see on the screen, the dow jones dropped 100 points in the last 20 minutes. the dow, nasdaq and s&p 500 down close to 3%. >>> today state lawmakers in sacramento considering a proposal to lower the state's voting age. >>> what local civil rights leaders are saying about how the trump administration public charge rules will affect immigrant communities. the trump administration is defending immigration policy. >> the...
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Nov 2, 2018
11/18
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so the economy is i think in a serious crisis. i think that's what the trump administration is counting on. that the pressure will become sufficient that people will then rise up. my guess is that the regime will double down on its oppression and will transfer some of the pain on the iranian people and to russia, china and europe and india will have enough oil, sell enough oil to make ends meet. i just read they have stored 20 million barrels of oil in a port in china which they hope to sell on the international market. >> let me ask you, abbas, does this move by the president mean an end in the near future to the iran nuclear deal altogether or do you think the other countries involved can help to save the agreement without the u.s.? >> i think they are going to -- clearly the europeans and russians and chinese are still trying to preserve it. i don't think they iranians want to walk away from it because there is no upside to them. it's only going to complicate things. but there will come a time, i think, that europe and russia a
so the economy is i think in a serious crisis. i think that's what the trump administration is counting on. that the pressure will become sufficient that people will then rise up. my guess is that the regime will double down on its oppression and will transfer some of the pain on the iranian people and to russia, china and europe and india will have enough oil, sell enough oil to make ends meet. i just read they have stored 20 million barrels of oil in a port in china which they hope to sell on...
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Nov 29, 2011
11/11
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economy. >> europe is having difficulties, it's more difficult for us to create good jobs because we send so many of our products to europe. >> the president said the leaders agreed to continue to pressure iran to stand down from nuclear weapons. >>> voters turned out in egypt for an exercise in democracy. they are voting in a new parliament. for many egyptians it is their first time ever at the polls. >> i am 63 years old. this is my first election. >> i am feeling great. it's our for kid's future. >> for all. our voice has value. >> there were long lines across the country today. the vote pits hard line islamist against more liberals. 50million people are eligible to vote. a registered voters who fail to turn out face a fine. turn out is strong in the first election since hosni mubarak was overthrown with many people expressing joy at having a voice. >> i am so happy. we are all happy. very happy. this is the first step in realizing the goals of the revolution. >> the build up to the elections was overshadowed by protests over the ruling military's intention to regain power. 42 peo
economy. >> europe is having difficulties, it's more difficult for us to create good jobs because we send so many of our products to europe. >> the president said the leaders agreed to continue to pressure iran to stand down from nuclear weapons. >>> voters turned out in egypt for an exercise in democracy. they are voting in a new parliament. for many egyptians it is their first time ever at the polls. >> i am 63 years old. this is my first election. >> i am...
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Feb 18, 2020
02/20
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trump and kick his ass on the economy. i'm tom steyer and i approve this message. >>> from ktvu fox 2 news, this is mornings on 2. >>> there's the opening bell, live in new york this morning where unfortunately the numbers are headed down. walmart says store sales have dropped this season. online sales mix it up. but apple is issuing a revenue warning. that's a big problem. we'll have all your business news coming up in today's dollars and cents. there's a live look. dow jones at 109 points. >>> thank you, for joining us here on mornings on 2. i'm pam cook. >> and, good morning. i'm dave clark. let's go right to loimd. what just happened? >> well we have an update for people taking 880. we've confirmed there's a bomb threat at cal train station it's running its trains past the station to santa clara station. we have a crew on the way to that station there. from there e with we go to the other major traffic problem this morning. an earlier crash involving a semi-truck that overturned still blocking all but the far right lan
trump and kick his ass on the economy. i'm tom steyer and i approve this message. >>> from ktvu fox 2 news, this is mornings on 2. >>> there's the opening bell, live in new york this morning where unfortunately the numbers are headed down. walmart says store sales have dropped this season. online sales mix it up. but apple is issuing a revenue warning. that's a big problem. we'll have all your business news coming up in today's dollars and cents. there's a live look. dow jones...